Burnside, KY42519

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$98,000
21.2% YoY Growth
Median Household Income
$48,300
58.7% 5-Year Growth
Days on Market
85
33.0% Longer than last year
Home Price Forecast
-4.4%
Median Rent
$850
48.0% YoY Growth
1-Bed Rent
$850
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,750
30.0% YoY Growth

Property Listings — Burnside, KY

As of Oct '25, Realtor.com reports that the median days on market for a home in Burnside, KY is 85. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$231,000-17.0%
Listing Count
3637.0%
Listings as % of Homes0.7%37.0%
Days on Market
8533.0%
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Demographics — Burnside, KY

As of the latest ACS Survey released in 2023, Burnside, KY has a population of 2,800, which has decreased by -23.0% over the past 5 years. Burnside, KY is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,800-23.0%
% Under 18
17.9%-12.7%
% Seniors
26.2%44.8%
% WFH
0.4%-33.3%
% w/ College Degree
8.0%-36.5%
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As of the latest ACS Survey released in 2023, Burnside, KY is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Burnside, KY is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.3% of the population in Burnside, KY, and this percentage has increased by 550.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.7%-9.4%
% Black
0.1%∞%
% Hispanic
3.2%220.0%
% Asian
0.0%-100.0%
% Foreign Born
1.3%550.0%
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Mortgage and Risk — Burnside, KY

According to HUD data as of 2023, there were 50 mortgage originations in Burnside, KY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Burnside, KY. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
50
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
4.0%
% Second Loans
30.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Burnside, KY

Burnside, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
7
Total Units Section 8
7
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$180$850$670
2 BedroomN/AN/A$880
3 Bedroom-$690$1,750$1,060
4 BedroomN/AN/A$1,360

Affordability — Burnside, KY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$98,000
Median Household Income$48,300

Burnside, KY — ZIP Code Boundary Map

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Frequently Asked Questions